Brazil's JBS, the world's largest meatpacker, has named Wesley Batista Filho (pictured left) as chief executive effective January 2027, while posting an unexpected net loss for the second quarter despite record revenue. The leadership announcement marks JBS' first CEO change in eight years and returns a member of the founding Batista family to the group's top operating role. Batista Filho is the son of Wesley Batista, who, together with his brother Joesley Batista, controls J&F, the family holding company that controls JBS. ADVERTISEMENT"This is a transition defined by continuity," Batista Filho told Reuters. Meanwhile, net revenue reached a record $23.9 billion, beating the $22.9 billion expected in the analyst poll.